Mylan N.V. (NASDAQ:MYL) stock is soaring today, up 4.8% to trade at $43.52, after Morgan Stanley upgraded the healthcare name to "overweight" from "equal weight," and issued a price-target hike to $50 from $39. The analyst in coverage views Mylan as the best-positioned U.S. generics company due to solid biotech partnerships and a strong pipeline of new products. The news puts Mylan shares on tr...Read More
Broadway Gold Mining Ltd. (TSXV:BRD) (OTCQB:BDWYF) ("Broadway" or the "Company") is pleased to provide an update on its Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana, USA.Read full newsRead More
The U.S. stock market is trading lower today, amid rumors that Trump administration economic adviser Gary Cohn is considering resigning. Among the individual stocks making notable moves are motorcycle king Harley-Davidson Inc (NYSE:HOG), drugmaker Clearside Biomedical Inc (NASDAQ:CLSD), and Chinese lottery operator 500.com Ltd (NYSE:WBAI). Here's what's moving shares of HOG, CLSD, and WBAI. Option...Read More
WASHINGTON (Reuters) - Democratic Senator Elizabeth Warren promised to fight a U.S. Senate bill easing bank rules introduced following the 2007-2009 global financial crisis as the chamber moved on Tuesday to begin debating the draft bipartisan legislation.Warren, long a consumer advocate, warned customer protections would be eroded as the Senate moved closer to passing the first rewrite of the 201...Read More
WASHINGTON (Reuters) - U.S. House Democrats want answers from Environmental Protection Agency chief Scott Pruitt about political appointees in his agency who got special permission to moonlight for outside clients, which they said may compromise their impartiality.Top Democrats on the House Energy and Commerce Committee and its oversight subcommittee said they sent questions to Pruitt on Monday af...Read More
March 5, 2018 - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG) and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private, all-season tote road to the Tiger Gold Deposit will be allowed to proceed.This represents completion of the Yukon Environmental and Socio...Read More
March 5, 2018 - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG) and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private, all-season tote road to the Tiger Gold Deposit will be allowed to proceed.This represents completion of the Yukon Environmental and Socio...Read More
BRUSSELS (Reuters) - The European Union will call on financial leaders of the world’s 20 biggest economies this month to keep the global economy open, after U.S. plans for tariffs on imports of steel and aluminum created a global outcry.Unlike the punitive tariffs the United States frequently imposes on “dumped” or unfairly subsidized goods from specified countries, President Don...Read More
Healthy few years of M&A could be aheadRead full newsRead More
• Renewed USD weakness helps regain positive traction. • Risk-on mood fails to stall the bullish momentum. Gold continued gaining positive traction through the early NA session and is currently placed at fresh multi-day tops, in the $1330 region. After yesterday's brief pause, the precious metal built on last week's recovery move from two-mont...Read More
(Reuters) - A U.S. government national security panel said it identified potential risks that warrant a full investigation of Singapore-based Broadcom Ltd’s (AVGO.O) $117 billion bid for chipmaker Qualcomm Inc (QCOM.O), a senior U.S. Treasury official said in a letter to the companies on Monday.Shares of Qualcomm dipped 3.3 percent on growing investor concern that such government scrutiny, u...Read More
SALISBURY, England (Reuters) - Britain warned Russia on Tuesday of a robust response if the Kremlin was behind a mysterious illness that has struck down a former double agent convicted of betraying dozens of spies to British intelligence.Foreign Secretary Boris Johnson named Sergei Skripal, once a colonel in Russia’s GRU military intelligence service, and his daughter Yulia as the two people...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Chief executive of the NEX exchange Patrick Birley sat down with Proactive Investors' Andrew Scott to discuss what sets the NEX Exchange apart as, what he terms, the 'other London stock exchange'.Birley says the NEX offers a more community-focused approach through engaging with companies and working to understand what companies want to achieve in the market. Meet Scancell Holdings Plc, Advan...Read More
Micron Technology, Inc. (NASDAQ:MU) has shot 3.9% higher today to trade at $54.08 -- earlier hitting a 17-year high of $54.64 -- after Goldman Sachs raised its MU price target to $58 from $55, citing expectations for rising DRAM prices. Plus, CNBC's Jim Cramer said the chipmaker could benefit the most from a resurgence in PC popularity, and called MU stock a "buy on this breakout." Options traders...Read More
Nick Stevens, chief executive of StoneChecker, tells Proactive they've signed an exclusive marketing and distributor arrangement with Korea Computer Motion ISG.The agreement's for sales and distribution of the StoneChecker kidney stone analysis software in South Korea.Stevens says they're making good progress on further distribution deals - particularly in the US. Meet Scancell Holdings Plc,...Read More
Gold remains subject to cross-currents while the dollar remains firm.Though gold bulls aren't in control yet, the odds favor them this spring.Stronger raw industrial prices and China strength bode well for gold. Gold prices continue to trend sideways as both supporting factors (the U.S. tariff scare) and detrimental developments (a rising stock market) converged to create headwinds against gol...Read More
Despite more anticipated rate increases, real estate stocks have gone up.Weaker dollars, higher inflation rates, and rising debt levels have all positively impacted gold in the past - something that's expected to continue into the future.Real asset equities should provide attractive income in this environment as corporate earnings grow, allowing for dividend increases.The following Q&A is from...Read More
Major blow to the EU! The populist Five Star Movement won about one-third of thevotes in the Italian general elections. It’s another negative shock for the European establishment. Will these stars shine on gold? Five Stars Movement Triumphs We live in strange times. To be a hairstylist, you need a license. But you can become a politician being just a comedian and telling jokes. We refer here...Read More